European stock futures rally on relief over U.S.-China trade talks By Reuters

GBP/USD: Bearish Bias Holds - Break Below Key Support Could Lead to 1.23 Test

European stock futures rally on relief over U.S.-China trade talks

Published Jul 01, 2019 08:24 Updated Jul 01, 2019 08:30

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European stock futures rally on relief over U.S.-China trade talks

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LONDON, July 1 (Reuters) - European stock futures rallied in
early trade on Monday, hitting their highest since August 2018
as investors piled into assets considered riskier after
Washington and Beijing agreed to resume trade talks, averting an
escalation of a protracted dispute.
At 0619 GMT, the Eurostoxx 50 futures STXEc1 were up 1.1%
while trade-sensitive DAX futures FDXc1 was up 1.6%, with both
contracts hitting their highest since August last year.
Paris' CAC 40 July futures were 1.1% higher.
The buying came after the United States and China agreed on
Saturday to resume trade negotiations after President Donald
Trump offered concessions to his Chinese counterpart Xi Jinping
when the two met at the sidelines of the G20 summit in Japan.

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NSE 30	3,708.41	-2.84	-0.08%
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US 500	5,897.6	+25.4	+0.43%
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European stock futures rally on relief over U.S.-China trade talks

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